EU's Vestager to clash with firms, governments

Subject EU competition policy under Competition Commissioner Margrethe Vestager. Significance The Competition Commissioner is one of the EU's most powerful posts. Barely six months after taking it up, Denmark's Margrethe Vestager has established herself as an activist holder of the position, willing to tackle some of the most sensitive items in the Commission's in-tray. Impacts The Commission's anti-trust action against Google may feed growing Transatlantic trade tensions In the longer term, any Commission ruling against Gazprom could limit Russia's ability to use the firm as a political instrument. The Commission's Amazon probe appears to have prompted that firm's decision to stop booking non-Luxembourg EU sales in Luxembourg. Vestager may struggle to reconcile consumer interests with industry claims about improving competitiveness, as in telecoms mergers.

Subject EU competition policy. Significance The European Commission will decide next month whether to allow a merger between the railway engineering businesses of Siemens (Germany) and Alstom (France), two of the largest European industrial companies. The proposed merger and the Commission’s oversight of it have reopened a debate about the relationship between competition policy and the strategic competitiveness of European firms in the global economy, with the rise of China a particular concern. Impacts The United Kingdoms' exit from the EU will be a blow to the Nordic countries and Ireland, all sceptical of EU competition rules. The transport market for new rolling stock and infrastructure may be hit by a global slowdown. Siemens could seek a merger with Canadian transport company Bombardier if the proposed Siemens-Alstom merger is prohibited.


2020 ◽  
Vol 13 (3) ◽  
pp. 244-258
Author(s):  
Manuela Tvaronaviciene ◽  
Arunas Burinskas

2021 ◽  
Author(s):  
Pier Parcu ◽  
Giorgio Monti ◽  
Marco Botta

Author(s):  
Jan Wouters ◽  
Michal Ovádek

This chapter assesses the role of fundamental rights in EU competition enforcement. EU competition policy comprises a number of limbs, each with its own peculiarities and rules but together contributing to the objective of protecting (relatively) undistorted competition in the Union's internal market. The key reason why EU competition policy is an interesting and important case study from the point of view of fundamental rights application is enforcement. Unlike in other areas, the EU, in particular the European Commission, wields considerable powers when it comes to the protection of undistorted competition in the internal market. Although the extent of the enforcement powers and their potential impact on fundamental rights differs between the various aspects of competition policy, the field as a whole embodies supranational authority as almost none other. This is so despite the fact that in enforcing competition law the Commission cooperates closely with national competition authorities (NCAs) as part of the European Competition Network (ECN) and that the majority of decisions applying EU antitrust rules are taken by the NCAs.


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